Hi-Lite awarded $18.8M joint sealant services deal
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Description
The Memphis-Shelby County Airport Authority approved a cooperative purchasing contract with Hi-Lite Airfield Services, LLC for pavement joint sealant services valued at up to $18.76 million over five years. The agreement supports ongoing runway, taxiway, and apron joint maintenance under a Sourcewell contract with annual renewals at the Authority’s discretion.
Contract Details
Contract Amount
Total five-year value $18,759,499.94; Year 1 $3,662,991.00; Year 2 $3,662,991.00; Year 3 $3,733,929.14; Year 4 $3,811,045.49; Year 5 $3,888,543.31
Vendor
HI-LITE AIRFIELD SERVICES LLC
Agency
Memphis–Shelby County Airport Authority, TN
Contract Type
MAINTENANCE
Document Date
May 21, 2026
Contract Term
Initial one-year term beginning July 1 with four one-year renewal options for a potential total term of five years (through June 30 of Year 5)
Renewal Date
2031-06-30
Renewal Info
Initial one-year term starting July 1 with four one-year renewal options at the Airport Authority’s sole discretion, for a maximum total term of five years; Authority may change to a different service provider if Sourcewell changes providers during the cooperative contract.
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